Rental Agreement

We request Fairmont Villa Management (FVM) make available for rent on either a daily (minimum of two (2) nights) or a weekly basis the Villa(s) described below, on the following terms and conditions:

*PLEASE NOTE, ANY MONIES COLLECTED ON BEHALF OF THE OWNER WILL BE AUTOMATICALLY APPLIED TO THAT LEASE UNLESS THE OWNER STATES TO RESERVATIONS THEY WOULD LIKE A CHEQUE SENT TO THEM, GIVEN 30DAYS NOTICE.

RENTAL RATES

These are at the sole discretion of FVM and rates are established and published periodically by FVM. Rates will vary depending upon season, demand and occupancy.

COMMISSION

FVM shall be entitled to a twenty (25%) percent commission on gross rental revenue. In the event your villa is rented through a travel agency, the agent will be entitled to a ten (10%) percent commission.

BEST EFFORT

FVM will apply its best efforts to rent the unit(s). However, no guarantee can be made that they will be rented. Your villa will be made available for rent as soon as your acceptance is received and all rentals are on a “first come- first served” basis.

ACCOUNTING

FVM will notify you within 30 days of the close (the following month) of the accounting period within which any rental nights fall, together with any payment to you. Alternatively, you will be advised if there was no rental.

OWN USAGE

Once you have made your villa available for rent it will not normally be available for personal use. Exceptions may be authorized and confirmed by FVM. It is the owner’s responsibility to check with FVM prior to usage to determine whether or not a rental has been made.

CANCELLATIONS

FVM can not be responsible if, as a result of a last minute cancellation by a renter, your villa sits empty contrary to earlier advice. However, you may then wish to use the villa yourself in which case you must notify FVM prior to arrival.

ANNUAL FEES

Placing your Villa in the rental pool does not relieve you of your responsibility to pay annual fees when billed. Priority will be given to owners whose accounts are current.

EXTRA CLEAN

Every owner is entitled to one clean per week. If the villa rented out is to more than one party over the week, there will be a $100.00 charge for the extra clean.

Type “accept” into the empty field to accept the terms of the Rental Agreement.